Tagged: binance

Digital Assets: Binance Custody Now Supports IOST

Binance Custody recently announced official support for deposits and withdrawals for IOST, “among other tokens.” With this, IOST joins the list of supported digital tokens in the secure, “regulated,” and insured custody service for the safekeeping of virtual assets services for institutional clients “provided by… Read More

Binance Pay Teams Up with Splyt to Bring Users Ride-Hailing Services

Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, recently announced its partnership with Splyt, a superapp enabler with a network of partners in more than 150 countries. The partnership will “allow Binance users to seamlessly access ride-hailing services and experiences… Read More

What Slowdown? Binance, Kraken are Still Hiring While Others Slash Employee Headcount

Multiple Fintechs have recently announced layoffs due to the faltering economy and rising interest rates. Most people are predicting a recession – one that could be long and hard. Due to the current economic malaise and forward expectations, companies like Coinbase, BlockFi, and others have… Read More

Binance Reveals “Temporary Pause” of Bitcoin Withdrawals [u]

Changpeng Zhao (CZ), founder and CEO of Binance – the world’s largest crypto exchange has tweeted that Binance has “temporarily” halted withdrawals of Bitcoin. CZ said the pause was due to a technical glitch and all funds were safe – adding that things should be… Read More

SEC Investigating Binance’s BNB Token: Report

The Securities and Exchange Commission (SEC) is investigating the BNB token, issued by the world’s largest crypto exchange Binance. This is according to a report by Bloomberg and should come as no surprise to anyone as the SEC has long messaged their view that just… Read More

Binance Raises $500 Million Fund, Targets Web3 Other Blockchain Technology

Zhao Changpeng

Binance has raised a new venture fund targeting Web3 and other blockchain technologies. According to a statement issued by Binance Labs, the VC arm of Binance, the $500 million fund saw the participation of global institutions including DST Global Partners, Breyer Capital, as well as… Read More

ShareRing, a Digital Identity Blockchain Ecosystem, Announces SHR Token Swaps from BNB Smart Chain to Ethereum

ShareRing, a digital identity blockchain/DLT ecosystem enabling seamless access through a suite of L2 iD protocols, has announced the launch of a Multichain bridge (BEP20 to ERC-20 tokens transfer now live). ShareToken is currently available via Binance Chain, BNB Smart Chain, Ethereum, and ShareLedger. ShareLedger… Read More

Binance UK Joins UK’s Fintech Founders Association

Binance UK is pleased to confirm their partnership with the UK’s Fintech Founders group, an independent not-for-profit organization representing the United Kingdom’s entrepreneurs and founders in the Fintech industry. As an international “leader” in the crypto-asset sector, Binance is committed “to working with associations and… Read More

Binance Appoints Europol Crypto Expert, Jarek Jakubcek, as Head of Intelligence, Investigations APAC

Binance, which claims to be the world’s “leading” cryptocurrency and blockchain infrastructure provider, has strengthened its team “with the recruitment of Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific.” Jarek is “a leading global expert in cybercrime and former cryptocurrency specialist in… Read More

Shade: Binance Discusses the Importance of Fiat Backed Stablecoins

While TerraUSD (UST) has lost more than half of its dollar-pegged stablecoin value, Binance – the issuer of its own stablecoin – has published a blog post discussing the importance of fiat-backed stablecoins. As the crypto world knows, UST is an algorithmic stablecoin designed to… Read More

Binance is Now Registered as a Digital Asset Service Provider in France

Binance, the largest crypto exchange in the world, is now registered with the French Autorité des Marchés Financiers (AMF) as a digital asset service provider (DASP). According to the AMF, Binance France is registered to offer: Digital assets custody Purchase/sale of digital assets for legal… Read More

Binance Commits $500 Million to Elon Musk’s Twitter Acquisition Plans

  Binance, the world’s largest crypto exchange, is part of a long list of big investors who have committed capital to Elon Musk’s acquisition of Twitter (NYSE:TWTR). According to a filing with the Securities and Exchange Commission (SEC), Binance has promised $500 million in equity… Read More

Binance Appoints Former FINRA Regulator Seth Levy as Head of Market Surveillance

The team at digital assets firm Binance recently noted that they are pleased to announce the appointment of Seth Levy, formerly from Citadel LLC and the Financial Industry Regulatory Authority (FINRA), “as Binance’s Head of Market Surveillance.” Seth will be responsible for overseeing efforts “to… Read More

Binance CTO Comments on Crypto, Blockchain, Web3 Development and Mainstream Adoption

Binance’s Chief Technology Officer, Rohit Wad recently shared why he decided to make the leap to crypto and blockchain, and the projects that “excite” him. Rohit noted that before the COVID-19 pandemic, his mother “didn’t even use credit cards.” He added that now, she knows… Read More

Binance Tells Ontario Securities Commission it is Trying to Stop Offering Services in Ontario

Binance has sent a letter to the Ontario Securities Commission (OSC) telling the regulator it is committed to ceasing opening new accounts in Ontario. Last year, Binance Canada announced it would cease providing crypto services in Ontario. The OSC allows crypto exchanges to provide trading in… Read More

Nasdaq Listed EQONEX Hires New CEO as Part of Partnership with Bitfinity, a Binance Subsidiary

EQONEX Limited (NASDAQ: EQOS) has selected Jonathan Farnell as its new CEO and Member of the Board of Directors. Farnell was previously the Head of Binance UK and CEO of Bifinity. The current interim CEO Andrew Eldon will revert back to his primary roles of… Read More

Binance Gains Crypto Asset Service Provider License in Bahrain

Binance has received a crypto asset license from the Central Bank of Bahrain (CBB), according to the crypto exchange. This is Binance’s first digital asset-specific license. The company said approval by the CBB demonstrated its commitment to being in regulatory compliance as the first of… Read More

Binance UK Renews its Innovate Finance Membership as “Scaleup Innovator”

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

UK Financial Conduct Authority Issues Statement on EQONEX Limited and Transaction with Bifinity, a Firm Related to Binance

The UK Financial Conduct Authority (FCA) has issued a statement pertaining to EQONEX Limited and the Binance Group stating that Bifinity will advance a USD $36 million in a convertible loan to EQONEX. EQONEX is a firm based in Singapore that is listed on the NASDAQ… Read More

Binance Labs Invests $1.1M in AlwaysGeeky Games for Improved Blockchain Free-To-Play Tactical RPG Game

Binance Labs, the VC division and innovation incubator of Binance, has reportedly invested $1.1 million in AlwaysGeeky Games, which is the creator of an NFT project called Voxies and game called Voxies Tactics. Binance Labs and AlwaysGeeky Games will “maintain a long-term partnership to further… Read More

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